Kennametal
235 hedge funds and large institutions have $2.23B invested in Kennametal in 2016 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 63 increasing their positions, 102 reducing their positions, and 32 closing their positions.
668% more call options, than puts
Call options by funds: $18.3M | Put options by funds: $2.38M
28% more capital invested
Capital invested by funds: $1.75B → $2.23B (+$483M)
3% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 32
0% more funds holding
Funds holding: 235 → 235 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.95% less ownership
Funds ownership: 99.1% → 96.15% (-3%)
38% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 102
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$27.1M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$25.7M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$24.9M |
| 4 |
SAM
Scopus Asset Management
New York
|
+$17.8M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$34.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$29.2M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
-$27.8M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$25.2M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$22.9M |
KMT Hedge Fund Activity: Q3 2016 in Review
235 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q3 2016, worth a combined $2.23B — up 28% from $1.75B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new KMT positions and 32 closed out — a net gain of 1 holder — while 63 added to existing stakes and 102 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $27.1M. The largest seller was Artisan Partners, cutting an estimated $34.2M.
- 235 institutional investors held Kennametal (KMT) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $2.23B of Kennametal stock for Q3 2016, up 28% quarter-over-quarter.
- 33 funds opened new Kennametal positions in Q3 2016 and 32 closed out, a net change of +1 holder.
- The largest Kennametal buyer in Q3 2016 was Adage Capital Partners, an estimated $27.1M added.
- The largest Kennametal seller in Q3 2016 was Artisan Partners, an estimated $34.2M sold.
Based on aggregated 13F filings for Q3 2016.